VAT & Research

This session provides you with a simple overview of the basics and how VAT applies to Research Grants including;

• How to establish the correct VAT rate to attribute to an award when it is set up in CUFS
• Why it is so important
• How the VAT rate attributed affects expenditure subsequently coded to the grant

Departmental staff

Number of sessions: 1

• An introduction to the principles of VAT
• VAT on Income & Expenditure
• VAT Savings the University has achieved
• The significance of Corporation Tax

To have a better understanding of VAT works within research grants and what items could or should have VAT charged on them.

Presentation only

One session of two hours.